The city and Arlington, VA-based Mills Corp., whose previousproject here was the 1.7-million-sf Gurnee Mills mall in that farnorth suburb, have signed a memorandum of intent regarding the2.8-acre site. The city is reacquiring the property from FJVVentures, whose $250-million project was the latest to die lastyear, for $32.5 million.

However, CBS communications and community relationsrepresentative Elizabeth Shapiro cautions GlobeSt.com the stationhas made no decision on where it will move from the 170,000-sfarmory style building at 630 N. McClurg Ct. "We are still reviewinga lot of options around Chicago," Shapiro tells GlobeSt.com.

Also, city officials have stressed retail as the driver of theproject, which will be located across State Street from TargetCorp.-owned Marshall Field's flagship store. This summer, sources,say, Harrod's expressed concern over other uses such as multifamilyunits and a hotel in the project, but the city continued pushingthe retail aspect in talks.